Colp, IL Foreclosures
Current Market Conditions in in Colp, IL As of February 2026?
Over the past month, Colp has experienced a slight uptick in home sales, reflecting a growing interest in suburban living as more buyers seek affordable options away from larger cities. This has resulted in a competitive market with homes selling relatively quickly, often within a few weeks of listing. Slight increases in average home prices have been noted as demand continues to rise.
How much do homes sell for in Colp, IL?
The average home price is currently $98,772.
In Colp, IL, how many homes are available?
There are currently 1 active home listings available in Colp.
What’s the average rental cost in Colp, IL?
The average rental price in Colp is $1,259.
What is the most expensive home in Colp?
The most expensive home sold in Colp had a price of $571,670.
What is currently the cheapest priced home in Colp, IL?
The cheapest home for sale in Colp is priced at $27,800.
Living in Colp, IL
Colp, Illinois, offers a serene small-town lifestyle with a strong sense of community and access to outdoor recreation. The village is conveniently located near major urban areas, providing both comfort and convenience. With schools and parks nearby, it's an excellent place for families looking for a peaceful place to live.
Buyer vs Seller Market in Colp, IL
The Colp real estate market is currently stable, with a balanced mix of home buyers and sellers. Home prices have shown a modest increase over the past year, indicating healthy demand in the area, particularly among families and retirees seeking a quieter lifestyle.
In recent months, there have been signs of increased interest in Colp, driven by its affordability compared to neighboring towns. This trend has led to rising home prices, but the market remains accessible for first-time home buyers.
Home Value Estimator For Colp, IL
There are currently 227 real estate properties
in Colp, IL,
with a median automated valuation model (AVM) price
of $73,723.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Colp, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Colp, IL,
is $98,772.00, with the most expensive house
in Colp, IL, topping out
at $571,670.00 and the cheapest home
in Colp, IL,
clocking in at $27,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Colp, IL!
Rent Prices
In Colp, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Colp, IL, is on
a rollercoaster ride. The
average rent price in Colp, IL,
is $1,259.00. Indeed, when looking to rent in
Colp, IL, you can expect to pay as little
as $780.00 or as much
as $2,300.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Colp, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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